Average Net Worth of a 30 Year Old! (2024 Edition)

[@andrewlucas3681]

At 26 I decided to go back to college and finish my degree. At the start of covid before the pandemic, I was essentially jobless. I decided to change my life and pursue things I wanted my way. I sacrificed 3 years of no life and studying, but I now have an entry level job making over the median income for my age. Beyond blessed but it's only one step in my journey, I still have student loans to pay off and a shit credit to fix, but I feel much better about myself, my future, and my outlook on life.

[@710schmoke]

Congrats ! I'm in the same boat. What career did you choose if you don't mind me asking?

[@andrewlucas3681]

Congrats to you as well. I knew I wanted to be in the UX space for a long time, I'm now a Product Designer.@@710schmoke

[@mikeb8414]

at this age invest as you pay down them damn loans, I think.

[@Spladoinkal]

I've learned over the years that the best way to combat spending money that should go towards investments, etc. is to take them out first. If you're wanting to invest 25%, take 25% out of every check when you first get it. You'll naturally arrange the rest of your spending to fit because you don't have that 25% to spend anymore.

[@applesaregoodeatings]

I just have 30% direct deposited to a high yield savings account separate from the rest of my banking. I try to never touch it.

[@thehomeless_trucker]

​@@applesaregoodeatingsare you not investing?

[@applesaregoodeatings]

@@thehomeless_trucker I’m in my early 20s. So regarding investing, I’ve taken my 401k match at my employer. Other than that I am in 0 debt. My long term plan is to stockpile enough money in that high yield savings to put a down payment on a duplex and still have a decent emergency fund. I don’t think it would be wise for me to invest in anything else until I’ve diversified into real estate.

[@USAFraimius]

@@applesaregoodeatings you should invest some of it now. You get the most benefits from compound interest by investing early. You are essentially giving up money by using a savings account (unless "high yield" is 7+%)

[@AustinMathias]

This works, pay yourself first!

[@martinsb1221]

That commitment to cash flow graph really hit me hard 😂. I was hyper accumulating with my wife throigh the last few years of our 20s, but a new house and a baby really changes life outlook. Its not necessarily a bad thing and i wpuld do it again in a heartbeat, but you start to get "nicer" stuff and live in nicer areas all for your child. Im still accumulating more than 25% but it used to be 80% a few years back living in a rough part of town

[@TheNatureGuy]

Just turned 30. Bought a house 2 years ago 20% down. Just had 2nd child. Saving 29% of my income. And household net worth/income above median. I normally get nervous about finances but these videos have really put things into perspective for me and eased my mind.

[@contextual_investor6139]

I’m always amazed by these numbers. I just crossed the $100k milestone in my retirement accounts and I just turned 29 but I always feel like I’m behind on saving because there were several years where I didn’t max out or contribute much to them. Perspective I guess

[@NoZenith]

I didn't start investing until I was 28. 38 and just hit 249000 2 months before I turn 39

[@contextual_investor6139]

@@NoZenith good work! It still amazes me how quickly it can compound. Way to crush the average too 💪

[@Shawn-oh5yq]

With $100k invested at 29, you will be a millionaire (adjusted for inflation) by the time you turn 65 even if you completely stop saving for retirement right now. Meaning your retirement is essentially already paid for. So yes you're way ahead of most people, probably top 10% at least in terms of retirement savings for someone your age.

[@NoZenith]

@@contextual_investor6139 and I don't include any assets just like they talk about here. That doesn't include anything I paid down on my house or depreciable assets. I also bought a Triplex and moved into one of the apartments. It's crazy that the only Investments I'm speaking of is trying really hard to be responsible putting money into my 401k and once I got all my debt paid off in the first couple years at my job I went from putting 6% away to get my employer match to focusing on maxing out all but two years while I was buying the house and then renovating. The compounding is quite insane to me. I will most likely get about 20,000 return on my 401k this year along with the 23,000 I can put in so I'll be getting really close to 300 by the end of the year when I run those straightforward numbers hoping the market doesn't drop below 8% average gain in 5 years I'll have 500,000 I think (trying to keep my math simple and round down) I'm getting to the point where I'm really trying to understand this but I come from a background with literally no experience.

[@UntitledPodKC]

You're killing it. Just keep doing what you're doing and you'll be in a great spot.

[@BacktoSchoolWhitney]

36 and just got the first full time job between my husband and I. Lucky to buy our first house in 2010. Been married 14 years now, 3 kids, and made sure to always have schedules that offset so no daycare costs. We're saving 50% of our income currently.

[@MNJ90]

First full time job by 36yo damn

[@Distortic]

You bought a house in 2010 with no full time job? How?

[@BacktoSchoolWhitney]

@@Distortic the house was only 70k, had a 10k down payment, plus a cosigner. The mortgage was a couple hundred less a month than rent in the area we were moving to.

[@phil_8367]

37 years old. $314,600 net worth. Investing heavier than ever before (over 30% of income into SP500 funds) 🎉🎉

[@evancunningham1929]

Was kind of a wanderer in my 20's racking up debt, joined the Military (ANG) at age 30. Got into IT. Tripled my income. Set on a career path now at age 34 with a 100k net worth and know what value I provide. Turnarounds/ come ups do happen. Stay focused.

[@landowningpoet]

Very similar situation. Looking for direction and love what you did. Are you willing to answer some questions?

[@USMC978]

Just started my retirement savings last year at 36yo. I’m still going to retire early. 🥰

[@natalieharvey6847]

Can you do one for single people in their 30's I don't plan on marriage and would love to see how your advice changes when talking about someone whose commitments are different

[@timheinrich3752]

32. Wife and I bought our first house 2 years ago in 2021 with a 2.75% interest rate. Just had our first kid back in October. Daycare expenses just started this month. $1,200 per month is pretty brutal to the budget. Definitely feels like the "messy middle".

[@TorqueKMA]

Wait until wife starts saying your kid needs a sibling.

[@timheinrich3752]

@@TorqueKMA luckily we've both agreed we're one and done. Already got the vasectomy scheduled for April lol

[@jeazy1878]

​@@timheinrich3752make sure to be extra careful before then

[@AdonisGaming93]

You guys are missing that "buy a house, get married, have kids (commitments)" are what is NOT happening for people entering their 30s now. Marriages, birthrate, house ownership is only dropping with housing costs. So if you are already renting, dating but not having success, childfree. It's actually unlikely that your commitments go up in your 30s. Maybe once 40 comes if anything changes in our world. But seems like you guys are only targeting the richer upper class of Millennials/gen Z that is getting close to the 30s. Interesting seeing the median numbers though. As a loser that basically just goes home to play video games I'm already ahead of a 39 year old in your example even though I'm only 30. So by kind of just not doing much I'm 9+ years ahead of the median. That only makes me feel worse tbh.

[@cfralick100]

Does employer 401k match count within the 25%?

[@rolltide-xz4fh]

Dang this video hit me hard... im 32 now started investing at 29 im currently at 16 percent savings with about 32k in a roth. By that calculation i should have 112k saved for retirement. Yikes but all i can do is keep going ive cut so many un necessary things in my life im on a razor thin budget i cant find anymore income to invest bought a 10 year old used civic low milage im trying here ! I wasted my 20s on " fun" and paying for it now but i still got a shot at having a decent retirement as long as i stay disciplined and dont make any dumb finacial decisions.

[@BrianAnu]

At age 37 i still have not been able to start saving 25% (10). Possibly because of how aggressive we are on our mortgage. Are there any variables for people who are mortgage free by 40?

[@kD-bx1mu]

coming from a person doing the same thing right now, I hit my max for employer match, and max out as much as i can on the roth. When the house is paid off im putting everything i did into the house into the retirement up until 25%

[@General8675]

Not really; in fact, the Money Guys argue you should not be aggressive on your Mortgage (especially if you have a low-interest rate) because of the opportunity cost of putting that money in tax advantaged accounts. You may need to put in more based on your other assets. See the FOO.

[@BrianAnu]

@@General8675 yes, I guess that won’t be my path. I won’t feel secure having a mortgage

[@kD-bx1mu]

Not everyone feels ok having a mortgage. They want a home that's theirs. If that's what the person wants doesn't matter about opportunity costs.

[@stt5v2002]

Do you mean the mortgage is too expensive or you are paying it down early? Generally there are higher priorities for saving than to pay down your mortgage.

[@me0101001000]

Even if you're like me, and have 0 intention of ever retiring, building your assets is still worth your while. That fund can go to starting a business, donating extra to causes you champion, or just doing fun but costly projects.

[@Oaky]

Sometimes life/health will force you to retire. It's not always your choice either

[@matteo_oliver]

So glad I found you guys in my late 20s, it’s created the mentality of reaching that 25% savings rate and then some. It’s absolutely jarring how at 31, how many people feel the need to keep up with the joneses!

[@andywebb4861]

Married at 22, bought first house at 24, first kid at 25. Now nearly 30 in house number 2 with baby on the way. about 35-40% equity in my home, and 55k in Roth IRA, hopefully on track to get close to 100k before 31.

[@AustinMathias]

This is the time where you take the guitar off the wall and you start strokin

[@Blubbha]

37y. Healthy, lovely family of 5, 650k net worth. All good.

[@nathanrice7352]

I'm an early career professional who has been seeing large wage increases every year or two. For the Adjusted Accumulator of Wealth metric, should I be using my current salary, or the average of the last 3 or 5 years? It's hard to not feel behind if comparing against a salary that I haven't been making for very long.

[@charleshenkel8828]

They had a short on this a while back. They recommend taking the average. From my personal experience net worth sometimes lags life changes by a pretty long time. I had a job change with a raise but didn't see my numbers start to catch up for almost a year.

[@nikolasroberts9069]

Am I the only one noticing that those numbers all say “median household income”, “household financial assets” and “household net worth” ? Household… usually more than one person, if you’re one person meeting these goals and numbers you’re killing it.

[@frederickvalencia4976]

I am 37. Working on debt I should be debt free in a few months. I have 1 kid have her in a private school and i am.working 2 jobs. I can do 2 jobs probably till 50. I hope it can help 😅.

[@BassBwoy3]

I'm 34, single, own a condo but am renting it out to live closer to the main city and my net worth is about $600 more than it should be at my age... and I have been hustling. This is relieving for me, but many 30-somethings in my city are definitely much worse off. A 2Bd/2Bth place in my area is $3100/month and it's nothing fancy and in the suburbs.

[@danaconda12]

With how expensive housing has become, it isn't surprising to see the disparity between financial assets and networth for this age group as many in there 30s are first time homebuyers and down payments and mortgage payments are at all time highs. Will be interesting/scary to see how this impacts my generation when it comes time to retire.

[@AohkShadow]

I’m in my 30s and this video is very relevant. Please more videos like these!

[@georgec2894]

I find the difference between the two bars on all of the charts to be shockingly massive!

[@jeffb.4800]

I'm an above average accumulator of wealth. Average wealth for me would be $270k. At around $340k right now at 38.

[@tonyduong3275]

“You need to be saving 25%”. So do you support raising the minimum wage? Minimum wage is $7.25/hour or $15,080/year, just barely above the federal poverty line (which most would agree is well below what is needed for anyone to live in America. If this person takes your advice and saves 25% of that, their new income is now $11,310/year to split between food, housing, clothes, transportation, healthcare and more, which is not possible. By your logic, no one should be making only $7.25/hr, and we need to raise the minimum wage.

[@JourneyByChris]

Is this median or average? There's a huge difference.

[@DidacticToast]

Love the show guys! Not sure how you would go about doing this but wondering if there could be financial videos for those that do not plan on having children. Truly think there is a lot of folks looking for videos focused on DINK (Duel Income No Kids).

[@Alan-jk1yi]

I'm not sure that there really needs to be a video about it, it's really the same advice for everyone. Everything's just easier/faster to do with no kids.

[@DidacticToast]

@@Alan-jk1yi you have a good point. Not that it's needed but an acknowledgement about there being other non traditional lifestyles out there would be nice.

[@michaelmurray292]

Is there a generally accepted savings rate formula used in the personal finance world? Watching content like this - it is hard to accurately compare myself because obviously you get a very different savings rate percentage using pre-tax income, post tax income, and take home income (after things like 401k, health insurance - taken out by employer). Thanks for any help.

[@dohT420]

Can you elaborate on what is considered household net worth vs financial assets?

[@GetAtThat]

Household net worth includes the equity in homes and vehicles. Financial assets would be cash, retirement accounts, and other investments.

[@glowingninjas]

Should the 25% savings rate be based on your net or gross income?

[@justinmajor5973]

I'd assume 25% of your take home pay

[@4HotSauce04]

They recommend 25% of gross pay

[@Mcfly868]

Half mill ordinary income, 2mm net worth. 31. That formula is surprisingly not bad.

[@kevinjohnston994]

Love the formula about what your net worth "should be." One thing that I also wonder is if that accommodates large jumps in salary that typically happens within your first 5-7 years working. For example I started my first job at an extremely low salary and am now making 3x that, but it was never a smooth increase year by year, it was a few years of hardly any raises then a very significant bump in pay, etc. Great content as always!

[@BobKimball]

This heuristic is based on survey data, so implicitly it accounts for median career outcomes. If you 3x'd your income in 5 years though it's likely you've outpaced the median anyway on income; focus on maximizing your annual savings rate instead!

[@jaredbills72]

So a 33 year old making $65k a year should have $126k net worth. And a 33 year old making $75k should have over $330k? If they were making that amount of money since 23 I can see that but not sure if thats anywhere close to the average.

[@pac598]

About 146k for 75k person

[@jaredbills72]

@pac598 age x income: 33x75000 = 2,475,000. Then divide by 10 + number of years until 40 which would be 10 + 7. So 2475000 ÷ 17.

[@Kondi512]

​@@jaredbills72 do that math again. It is 146kwith the equation you wrote.

[@jaredbills72]

@Kondi512 yeah I did and you are correct. Not sure how I got that other number. I know that's an "average accumulator of wealth" but the averages for what is reflected in real life is much lower. Crazy.

[@wesleywilliams1186]

Im 30 and my wife is 31. I make 100-150k a year, and my wife is in school for RN. She will be an RN in 18 months. We have 3 kids. 14, 11, and 2. I STILL feel like i will be ok in retirement/passive income. I have a pension in my career and just opened a roth IRA and general investing acct. I build 20-40k in my pension a year. I have about 60k in the pension right now and that's in 3 years time. I have 0 in student loans. I have a good size truck payment. 45k owed on it. I have about 8k in credit card debt which honestly is nothing. I still feel like i have a huge chance in FIRE and i know for a fact just on my pension ill be worth more than 127k lol atleast double in the next 9 years. Its all relative. Im ever so slightly above the mark now but im gonna be way above the mark in 9 years GUARENTEED just based off my pension alone not including my seperate accts and the money i save in 9 years..

[@rbgarza2314]

I feel like this maybe a silly question. When you say save 25% what is that supposed to include. I have 11% going into my Roth 401k my employer matches 4% and my wife has 10% with an employer match of 6%. So does that put us over that 25%? Cause I am also near maxing my HSA

[@USAFraimius]

Total income x 0.25. Are you saving that much or more? It sounds like you are saving in the mid-teens (base % + match). It's a good start.

[@tpespos]

I think they say it’s 25% of your gross house hold income. So that 11% of your income is probably 6% of your household income.

[@edwinroyal9734]

Just figure out what 25% of your household income equals. Then add up all your retirement contributions, HSA contributions and any other money you might be saving. That's what they're talking about

[@carlosc9872]

So 25% of gross house hold income? Do they include the company match in that or not? If my company matches 6% should I invest 19% for a total of 25%? Or is the match just icing on an eventual delicious cake?

[@FreeGraceNotes]

​@@carlosc9872don't count their match as part of your 25%

[@X3GibbleX3]

I’m 28 with a net worth of about $400,000. I’d love to cement at least $500,000 net worth by 30

[@webbynater]

I can’t believe people wait until their 60s to retire. That seems insane to me.

[@Kyle-xt8ip]

The stats at the end were very reassuring.

[@patrickbloniasz]

20 something here, I’ve followed the channel for a long while and it’s been extraordinarily helpful. I’m curious what folks have for their “why” as they mention in the video and I’m especially curious about any reasons outside 1) house (not tied to), 2) kids (not sure about), 3) travel (I do). Those are all perfectly valid and respectable, but I’m hurting a bit in imagination outside of that. In other words, I’m trying to generate reasons outside of what’s effectively an insurance policy, since I’m pretty minimalistic. (For context, I do the 25% already, follow the FOO, have the career trajectory and professional goals under focus, do all the hobbies I want, and am able to have my quality time with loved ones). I think it would make it more fun other than just the fun of running the numbers-appreciate everyone’s (genuine) answers.

[@Davefitz04]

Hey Patrick, i am 29 and experienced this a few years ago. Think about the times of your life that were really great when you look back. It’s probably times that you felt the most capable, and were also the most busy. Burning the midnight oil, doing a big project, etc. it sounds to me like you actually need more challenge in your life which will lead to purpose. Kids can give you that, and change in work or career, large project that you can’t back down from, etc. it’s a common feeling when people become a bit more successful and don’t feel as great of pressure in general. You need a mountain to climb. Take some time to think, and think about a large goal to pursue. You’ll find your meaning.

[@charleshenkel8828]

Plan for an early retirement. Life changes dramatically too, it's very easy to go from a single bachelor to married with kids very fast, and it will not seem fast at the time. Money at the end of the day is time, and you may want to have a lot more down time or find an expensive hobby or have kids in the future and you are setting yourself up to be in a position to fully enjoy it all without any financial worry.

[@msmaluu]

How does your self assessment formula actually work? Please explain the logic behind. At this point I am at the top of my earnings that I’ve had thus far. I wasn’t making money when I was a child or a teen. Why would I multiple my current (highest) income to ALL of the years I lived. Next- decided by 10+ years to thirty. In my case it is 13. What is this 13 representing??

[@DeionSardines]

If you don’t plan on having children, or getting married, u still have time.

[@exnecross3141]

On average, getting married is a wealth builder. My savings and wealth took off after going from a single income to a household income. Agreed on children though, they are a financial drain.

[@rayzerot]

If you marry the right person you can split costs with them

[@vulpixelful]

Two incomes are usually better than one if you're on the same page. Even having someone else that takes care of the house helps. I'm inclined to agree when it comes to kids. Try adopting older kids to avoid daycare costs. It's hard for older kids to be adopted, to, so you'd be doing a lot of good.

[@Excalibur2]

​@@exnecross3141even kids don't seem all that bad, I might spend a few grand more per year for one kid, maybe $5k and some of that is just expensive diapers, fancy toddler food, and a grand in kids activities.

[@exnecross3141]

@Excalibur2 Daycare costs are insane. Having a kid is a lifestyle thing, most people can't really fit one into their budget without reworking everything to be centered around the kid.

[@dez7800]

25 year old guy here.. I'm finishing my engineering degree in may with 38k in investments and no debt (I owe my parents and low Quebec tuition fees for being debt free, ngl). Otherwise, I want to have a net worth of 1M $ at 40-45 years old. What is your situation and goals ? I'm curious !

[@PatrickNoonan]

Should the income in the end formula be Gross or Net income?

[@corgijungle4288]

I am saving for a home does that count towards the 25percent ?. roughly 18 percent to retirement and 20 percent for downpayment

[@tannerspurlin1194]

the video starts at the 10:00 mark

[@CFAnne]

How do we calculate as a couple? Do we go by the one who is older and use our combined net worth?

[@user-to1kq6vq1o]

Use your brain

[@13ikea]

So pretty much, folks in their 30s need to have a minimum of 200k net worth right now.

[@derfoh3182]

Decided to get education loans so no house or family for me, 25% is insane 😂

[@USAFraimius]

It can be tough. Again, try not to let your lifestyle creep too much. It's very easy to look at your neighbors and think "I deserve an $70k car/pickup" when you really shouldn't get it.

[@Saintsavage2024]

About to turn 30 in Aug and been in my government job for a little less than 10 years now and I bought my house and I was 24 right at the beginning of Covid while I was on a garbage truck. My only advice is that it’s not how you make your money, but it’s what you do with your money. Save, invest and compound

[@Watdamarin]

What’s deemed as financial assets as a part of looking at your net worth?

[@nicholasshook7513]

I have a hard time believing that the median 30 year old is worth that much. Is that just people who aren’t in debt?

[@Dragon228833]

With the self assessment it’s saying that i should have over 70k as a 23 year old 😵‍💫😵‍💫😵‍💫 The calculator only works if ur in ur 30’s

[@MrChompenstein]

Do these net worth values already have liabilites deducted? So this would mean if a 30 year old has a net worth of $61,254, they have $61k worth of assets in excess beyond their mortage? OR, are these numbers total value of assets before you deduct liabilites. I just find it hard to believe that a 30 year old has $61k in excess, beyond what they owe on house/car/student/etc. loans

[@Lukinaification]

Net worth is pretty much always defined as assets minus liabilities. Imagine two scenarios, one where a person has a home worth 250k and has a mortgage of 200k left and no other debts/assets (net worth of positive 50k); VS. someone with 50k in retirement savings alone, but no debts or other assets (net worth also positive 50k). If you didn't consider the liabilities of the homeowner, then you would falsely overestimate their net worth at 250k.

[@MrChompenstein]

@Lukinaification OH! That is where my mind wasn't tracking, I'm an idiot lol I was considering a mortage as a pure liability, not thinking about the physical asset. Thanks! 😅

[@mescetacy]

Are "Financial Assets" just cash and equities?

[@briannewman9210]

Think more investments. The non financial assets would be like your car , house, etc

[@georgec2894]

I find the difference between the two bars on all of the charts to be shocking! Financial assets are 99.5%+ of my total for me at 31. Don't need a car, renting works out much cheaper in my city (I'll buy my house in cash in my wife's birth town in the near future)

[@spearson103]

What if you want to spend your time doing something useful for society?

[@tigerak02]

The problem with all these shows is that they never cover prenups. All this “advice” doesn’t matter if a divorce obliterates all your assets and cash flow with alimony and child support. And that’s HALF of all men!

[@Marine_58]

Genuine question. What’s considered (Income) GROSS or NET?

[@edwinroyal9734]

They're both considered income, we just always have to differentiate because gross is what our employer pays out but net is what hits our bank account after taxes and whatever else.

[@brandonstevens4513]

Yes kids cost more money. I'd argue though that there's a benefit to wealth building not accounted for by dinks. 1. Being a parent requires you to learn how to sacrifice more. That means you learn yo value income more driving you to save more. If you have less you know how important it is and won't undervalue what you have. 2. You have someone to care for. That means people are dependant on you. This can drive you to be more responsible. 3. If your tighter on money, you'll be less likely to settle. In the short term you'll make less but I'd question what the long term impact of having kids are. The drive to earn more can lead to higher income levels once the kids no longer need daycare. 4. There's a bias in the corporate world for kids. Yes you're less available to work, but if you're older and don't have kids, I'd argue that's a red flag that youve avoided levels of responsibility and acceptance of challenges. Early on in your career being child free is seen as a benefit. When you're 45? Id argue not so much. Oh and were not even talking about parents who do a decent job parenting. Eventually their kids help out when they themselves are 35-40. You don't get that being a childless person.

[@Strawhat_Pirates3D2Y]

37, debt free, roughly 350k net worth, and I feel far behind. I'm not comparing myself to average, but damn.. I didn't realize my age group's average net worth was that bad. To think, 50% of an average is less than average as well. I certainly hope this changes as more individuals smell the coffee.

[@o0usf0o]

39yo with a girlfriend. She lives with me and pays rent. I invest her rent money into my brokerage account every month. Works out great for me lol.

[@spdog3344]

Anyone know how old Bo is?

[@Lukinaification]

A forbes article about him indicates he graduated university in 2008, so I would guess he is in his mid to late thirties.

[@DavidLee-bw5dm]

Downvote for taking 90% of the video to get to the effing point lol

[@emmaquarterman]

What percentage of net worth should you aim for as financial assets?

[@YourKoreanCPA]

so expensive to keep up with Joneses

[@anthonypham4001]

Oh hey turned 30 not too long ago

[@whoshotya7507]

Listen you ain’t really living in your 50’s and 60’s ! Enjoy your damn youth years while still saving and investing. Don’t get stuck on trying to save everything u don’t take any of this with you when ur dead. I was tired ashell traveling around Japan in my 30’s imagine in ur 50/60’s lol ima be fine with a joint rolled up on the porch chillan lol I don’t need all this money in my 60’s

[@davidjuaquin2]

Facts.

[@changsaefong]

32, married, 2 kids, income 225k, net worth just over a million, no college, barely graduated high school. A few rental properties, but my time is my greatest asset because i have none 😢😅

[@darkdudironaji]

As someone who had his child at 16 years old, and is currently 31, this could not describe my situation any worse. I have a lot more time and less financial responsibilities.

[@ethanshy280]

But having a child at 16 is not the normals age. Your messy middle was in the 20’s

[@lonestar4454]

Jesus christ these numbers are horrible.

[@bruce7244]

Nah, no kids or marriage. Im good

[@danielking104]

Negative home equity is coming, layoffs too. Ready to get screwed? Oh and your parents are about to need your help with medical bills

[@durial702]

Go dawgs

[@RichardTouchfaith]

Don't have kids...just don't......

[@mescetacy]

Lol, terrible advice. The proactive decision to have kids is not a financial decision. Sure, you want to have savings and projected positive cashflow to meet the needs of a child. But the vast majority of the time people decide to have kids it is from a family satisfaction / legacy perspective.

[@RichardTouchfaith]

@@mescetacy How many kids do YOU have right now?

[@mescetacy]

@@RichardTouchfaith 3. A newborn, 2.5 year old, and 5 year old.

[@RichardTouchfaith]

@@mescetacy Ha, you are still in the honeymoon phase of having kids! Not even teenagers yet! I have three kids all currently in college at the same time. One day you'll understand.

[@brianboyett6250]

I have 3 kids under 4 years old. Please tell me again how this is the honeymoon phase. I don't even have time to take a dump. My daycare bill is almost 4 figures a week. Honeymoon?

[@tonyc6996]

Last

[@forcera]

First